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20121202
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Search Results 0 to 9 of about 10 (some duplicates have been removed)
to president obama. he himself said, himself said, that he will, you know, he thinks two weeks really isn't adequate to do this thing correctly. let's just raise taxes. i mean the president himself is, he is a 40%. and he is a leader who is obviously not interested in reaching the conclusion before the end of this year. we're looking at some really, really sat efforts on the part of this white house and some outrage just demands and ultimatum. by the way i think the president has claimed this fiscal cliff for his own and i don't like quite understand why the national liberal media insists upon talking about, for example, 53% of those surveyed say it is going to be the republicans fault. that is inanity. shows you level of ignorance what is happening in washington, d.c. this president set an ultimatum. his solution will be determining what happens on the 1st of january, 2013 whether we go over the cliff or not. he added to this already difficult task, national debt ceiling. i mean, this is a man looking for a fight. he is man who has found it. i'm sorry? melissa: more spending. he slapped
with congressional leaders started a few weeks ago really with president obama calling for that $1.6 trillion in additional tax revenue over 10 years that you just heard about from john boehner. treasury secretary tim geithner argues that you can not raise enough revenue to reduce the deficit by only doing the loopholes and the tax breaks. and that is the major priority for republicans in this but some senior republican aides said they believe along with spending cuts, compromise would generate about a trillion dollars in new tax revenue, possibly from in parting those tax deductions. bill: where do we go, huh, martha? martha: good question. bill: congressman that broke ranks on one item is with us in 25 minutes. today he has a strong message directed at the white house and president obama. congressman tom colatosti out of oklahoma a bit later here on "america's newsroom.". that is 22 minutes away. martha: we brought you this breaking news on friday and now there's new fallout from that horrible train derailment in new jersey. remember these pictures? emergency officials closed schools now in
. >> shannon: who will blink first? the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the y
.s. debt limit. senator mcconnell is demanding 60 senate votes for passage. president obama pushed for the power transfer in a most recent and main proposal last week on the fiscal cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala overnight. shouldn't come as much of a surprise here. the whole time supposedly on the run, he was handing out tv interviews like candy. but listen to this. now the mcafee is in jail, he is blogging from behind bars. the story just keeps getting more interesting, shall we say? more on the blogging here in a moment. but first, i have to play you this video. this is the video of his arrest. surprise-surprise. he was with a camera crew from vice.com when guatemalan police took him in. the charge, entering that country illegally. take a look here. exclusive video of vice.com. >> they're trying to arrest me. guatemalan jails have beds. >> john, where are you going? >> to jail. >> when will you be out? >> and off he goes. to think, just yesterd
giving stuff away. if obama remains intransigent, let him be the one to take us over the cliff, and then let the new house, which is sworn in weeks before the president, immediately introduce and pass a full across-the-board restoration of the george w. bush tax cuts. >> so i don't think that's inconsistent with anything that i just said. i agree with him 100%. what have i been saying for a week? do not cave. compromise. do not cave. if the president doesn't want to meet us halfway on massive entitlement cuts, on reforming those systems to save medicare and medicaid, social security, cutting defense, reforming the taxes, then do not meet -- if he doesn't want to meet halfway, but i've got to tell you, i am heartened with what i saw in the president's tone yesterday. i loved hearing him tell a group of americans yesterday, hey, we're going to get this thing done. i feel good about it. i love that he agreed to sit down with john boehner one on one. richard, you've done negotiations on all levels. i really liked the tone the president was sending. and by the way, i felt like charl
're 30 days away from falling off the fiscal cliff and president obama tried to layout his plan to the american people this week and people say his plan is a nonstarter and say it's taxes and spending. >> joining us now is the host of fox news sunday, chris wallace and nice to see you this morning, chris. >> hi, guys. >> clayton: you have timothy geithner on your show who was laughed at this week, in a way or the proposal that he handed to senate minority leader mitch mcconnell and he let out an audible chuckle at the proposal. i'm curious if timothy geithner has the same sense of humor. >> actually we have not only timothy geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not
a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any further on limiting the growth of entitlement spending. >> bottom line. entitlement spending is 60% of
street has -- it becoming increasingly vocal about these things. you heard them speak up last week, and gorman sent and e-mail to two brokers urging them to force congress to do a balancedded approach, stealing a line from president obama. what's interesting about the issues is it looks like wall street is now teaming up with the president, despite the fact they supported mitt romney. they are now teaming up -- >> eating you, crawling back? >> looks like they are forcing -- they are forcing the issue, and, basically, supporting the president's position on this for higher taxes on those upper brackets. little bit of background on tom. he was a senior executive at morgan stanley in a very big democratic operative, a senioo executive, then to be hillary clinton's number two of secretary of state, and rumored, rumor, it's in the wall street washington nexus, that if jack lew is treasury secretary, highly likely if you read the tea leaves, he gets jack's job as the chief of staff. interesting meeting. this guy is a key player in the obama administration. you know, there's lots of taj ab
Search Results 0 to 9 of about 10 (some duplicates have been removed)